CBI books former CMD of UBI Archana Bhargava
BY Agencies1 March 2018 11:27 PM IST
Agencies1 March 2018 11:27 PM IST
NEW DELHI: The CBI has booked former Chairman and Managing Director of United Bank of India Archana Bhargava for amassing assets worth over Rs 3.6 crore allegedly disproportionate to her known sources of income.
The agency has alleged that during her tenure at various banks in senior positions between 2004 and 2014, Bhargava amassed assets worth Rs 4.89 crore and incurred an additional expenditure of Rs 1.47 crore against the income of Rs 2.73 crore.
In its FIR, the agency has pegged the alleged illegal assets at Rs 3.63 crore, 133.23 percent over and above her known sources of income.
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